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7th Symposium on Intelligent Investing

George Athanassakos Value Investing


May 18, 2018

Amphitheatre #2 - Ivey Tangerine Leadership Centre, 130 King Street West, Toronto, ON

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The Ben Graham Centre for Value Investing at the Ivey Business School at Western University will hold an academic Symposium on May 18, 2018 at the Ivey Tangerine Leadership Centre, 130 King Street West, Toronto, ON.

The mission of the symposium is to encourage and support academic research and study in areas related to value investing. The presenters will discuss their work on value investing and related topics, such as market anomalies and value vs. growth investing.



Symposium Organizer and Chair

George Athanassakos, Managing Director, Ben Graham Chair in Value Investing, Ivey Business School

Morning Session: On Market Anomalies

Presenter: Mark Grinblatt, UCLA
Topic: Global Market Inefficiencies
Discussant: TBA

Presenter: Samuel Hartzmark, University of Chicago
Topic: The Dividend Disconnect
Discussant: Hao Jiang, Michigan State University

Presenter: Lars Lochstoer, UCLA
Topic: What Drives Anomaly Returns?
Discussant: Seth Pruitt, Arizona State University

Afternoon Session: On Value Investing

Presenter: Kewei Hou, Ohio State University
Topic: The Economics of Value Investing
Discussant: TBA

Presenter: Stephannie Larocque, University of Notre Dame
Topic: Independent Analysts’ Estimates of Firm Value
Discussant: Xiumin Martin, Washington University in St. Louis

Presenter: Stephen Penman, Columbia University
Topic: A Framework for Identifying Accounting Characteristics for Asset Pricing Models, with an Evaluation of Book-to-Price
Discussant: Akash Chattopadhyay, University of Toronto


We would like to thank our sponsors Burgundy Asset Management Ltd.Sionna Investment ManagersTweedy, Browne CompanyThe Center for the Advancement of Value Investing Education and Ivey Business School for their generous support in sponsoring the competition.